# Acero Capital: portfolio, investments and team > Acero Capital is a vc firm based in United States. 12 investments on record, latest Feb 2018. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/acero-capital (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Acero Capital Filed with the SEC to raise a fund in Apr 2024, closing $5M. Last cheque observed Feb 2018. Email Quiet New fund $5.0M, Apr 2024 VC firm Seed Series A Series B Software Smartphone Identity Follow Acero Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Facero-capital) Cheques on record **0%** of best year **0** **cheques in 12 months**, 12 on record Since the last cheque **3180** days **00** hrs **00** min **00** sec Median round **$23M** Rounds led **0 of 12** Sole investor **2 rounds** Exits **1 from the portfolio** Mostly in **United States, 100%** Pitch Acero Capital ## Acero Capital highlights - 01 12 rounds on record - 02 Mostly Series C and Venture: 55% of its rounds - 03 Sole investor in 2 rounds, median $4.7M - 04 1 exits from the portfolio ## What they do > Acero Capital is a leading venture capital firm focused on technology enabled services From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Seed Series A Series B Growth - **Sectors:** Software Smartphone Identity - **Based in:** Menlo Park, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **12 appearances** - **2018** 1 round - **Feb** **[HyperGrid](https://millionrounds.com/company/hypergrid)** US · FinSMEs **$15M** With 1 other - **2017** 1 round - **Oct** **[Contrast Security](https://millionrounds.com/company/contrast-security)** Series C · US · FinSMEs **$30M** With 1 other - **2015** 2 rounds - **Nov** **[Swrve](https://millionrounds.com/company/swrve)** Series C · US **$30M** With 4 others - **Jan** **[Siva Power](https://millionrounds.com/company/siva-power)** Series D · US **$10M** With 3 others - **2014** 3 rounds - **Sept** **[Swrve](https://millionrounds.com/company/swrve)** Series B · US **$10M** With 2 others - **Jun** **[Contrast Security](https://millionrounds.com/company/contrast-security)** Series A · US **Undisclosed** Sole investor - **Jun** **[Siva Power](https://millionrounds.com/company/siva-power)** Venture · US **$15M** With 2 others - **2013** 2 rounds - **Dec** **[Gridstore](https://millionrounds.com/company/gridstore)** Series B · US · finsmes.com **$11M** With 3 others - **Jan** **[Argyle Data](https://millionrounds.com/company/argyle-data)** Series C · US · sec.gov **$5.5M** With 2 others - **2012** 2 rounds - **Jul** **[LiveHive](https://millionrounds.com/company/livehive)** Venture · US · finsmes.com **$4.7M** Sole investor - **Mar** **[Siva Power](https://millionrounds.com/company/siva-power)** Venture · US · gigaom.com **$30K** With 2 others - **2011** 1 round - **Dec** **[Bitzer Mobile](https://millionrounds.com/company/bitzer-mobile)** Series A · US · sec.gov **$4.8M** With 1 other An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **1 named** RA **Rami A Elkhatib** Manager of the Manger i Filing they signed We also hold **4** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$94M** gross assets of its funds, 2 advisers combined Oct 2026 **Exempt** reporting adviser venture or small private funds - **Legal name:** Acero Capital Management, LLC - **SEC number:** CRD 162093 ## Exits from the portfolio Companies it backed that were later bought or listed **1 in all** **[Bitzer Mobile](https://millionrounds.com/company/bitzer-mobile)** Bought by [Oracle Corporation](https://millionrounds.com/fund/oracle) **Undisclosed** Nov 2013 An exit counts when it came after the firm's first round in the company. From historical deal records. New fund on file **$5.0M** raised in Apr 2024 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Seed Series A Series B Median round joined **$23M** the round, not its cheque Alone, median **$4.7M** Led 0 of 12 rounds **0%** - **Sole investor:** 2 rounds - **Last cheque:** Feb 2018 - **Exits:** 1 from the portfolio Rounds by stage said on their site - Series C *3* - Venture *3* - Series A said *2* - Series B said *2* - Series D *1* - Seed said *-* - Growth said *-* Cheques by year Led Joined 2011 2018 Often in the room with - [Atlantic Bridge](https://millionrounds.com/fund/atlantic-bridge) 3 - [DBL Investors](https://millionrounds.com/fund/dbl-investors) 3 - [Trident Capital](https://millionrounds.com/fund/trident-capital) 3 **Pitching Acero Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Acero Capital. A count of rooms they were both in, not a relationship either has claimed. [**Atlantic Bridge** VC firm **3** rounds together](https://millionrounds.com/fund/atlantic-bridge)[**DBL Investors** VC firm **3** rounds together](https://millionrounds.com/fund/dbl-investors)[**Trident Capital** VC firm **3** rounds together](https://millionrounds.com/fund/trident-capital) ## Recently backed The latest companies Acero Capital put money into. [**Contrast Security** $30M · Oct 2017](https://millionrounds.com/company/contrast-security) ## Quick answers about Acero Capital ### What does Acero Capital invest in? Acero Capital invests most often at Series C and Venture (55% of the rounds on record), in sectors such as Software, Smartphone and Identity. ### How active is Acero Capital? 12 investments on record, 0 of them in the last 12 months. The most recent was in Feb 2018. ### What has Acero Capital invested in recently? Its most recent investments on record: HyperGrid (Undisclosed round, Feb 2018) and Contrast Security (Series C, Oct 2017). ### How big are Acero Capital's cheques? The median round it joins is $23M. ### Does Acero Capital lead rounds? Rarely, if at all: none of its 12 investments on record names it as the lead. ### Where does Acero Capital invest? Most of the companies it backs are in the United States (100%). ### Is Acero Capital investing now? No investments in the last 12 months; the latest was in Feb 2018. ### Who does Acero Capital invest alongside? Most often Atlantic Bridge (3 rounds together), DBL Investors (3 rounds together) and Trident Capital (3 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. 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